Welcome to our dedicated page for Gravity news (Ticker: GRVY), a resource for investors and traders seeking the latest updates and insights on Gravity stock.
GRAVITY Co., Ltd. (NasdaqGM: GRVY) is a South Korea-based developer and publisher of online and mobile games whose news flow is closely tied to its Ragnarok Online intellectual property and other game launches. Company press releases frequently highlight new regional launches, ISBN approvals in China, and performance updates for its titles across PC, mobile, console and blockchain platforms.
Investors and players following GRVY news can expect detailed announcements on Ragnarok Online IP-based games such as Ragnarok X: Next Generation, Ragnarok: Rebirth, Ragnarok Idle Adventure Plus, Ragnarok: Twilight, Ragnarok 3, Ragnarok M: Classic Global and other related titles. These updates often describe launch regions, platform availability, language support, app store rankings and user reception in markets including Japan, Taiwan, Hong Kong, Macau, China, Korea, Southeast Asia, Europe, the Middle East, North, Central and South America, and Oceania.
Gravity’s news also covers blockchain and Web3 initiatives like Ragnarok Online Landverse America and Ragnarok Landverse Genesis America, which are licensed or developed in cooperation with partners such as Maxion Tech Co., Ltd. In addition, the company issues releases on other IP-based games including Schop Hero, Chess Rumble, THE GOOD OLD DAYS, Meow Star Acres 2, Aeruta, Hashire HEBEREKE: EX, Gunbound and the Game of LIFE for Nintendo Switch, outlining launch timing and regional publishing arrangements.
Regular Form 6-K filings provide quarterly financial results and business updates, summarizing revenues by online games, mobile games and other sources, along with commentary on new titles and regional performance. For anyone tracking GRVY stock, this news stream offers insight into Gravity’s product pipeline, geographic expansion and the ongoing role of the Ragnarok Online franchise in its business.
GRAVITY Co., Ltd. (NasdaqGM: GRVY) announced that its game Ragnarok Labyrinth NFT surpassed 1 million downloads in Southeast Asia on the first day of its re-opening on April 27, 2022. This innovative title, developed in partnership with ONBUFF Inc., utilizes a Play-to-Earn (P2E) system and NFT elements. The game achieved notable rankings, placing second in Apple App Store's top grossing in Thailand and third in the Philippines, while also securing the top spot for new free games on Google Play in the Philippines. The event showcases the strong popularity of the Ragnarok IP in the region.
PSY, the iconic singer known for 'Gangnam Style', has returned as the ambassador for Gravity's mobile game, Ragnarok Origin. He has starred in commercials and unveiled plans to release a new song, his first in five years. To celebrate, Gravity will host community events and rewards. Recently, Ragnarok Origin launched a significant update that includes a new class, increased level cap to lvl90, new dungeons, and various events aimed at enhancing player engagement.
Gravity Co., Ltd. (NasdaqGM: GRVY) announced the re-opening of Ragnarok Labyrinth NFT on April 27, 2022, following improvements after initial login delays. The game, integrating a play-to-earn system, was launched in Southeast Asia on April 13 with over 1.1 million pre-registered accounts. To address user access issues, Gravity Game Link increased server capacity. The re-launch will offer pre-registration rewards and additional in-game items to attract users back after the upgrade.
GRAVITY Co., Ltd. (NasdaqGM: GRVY) announced that its new game, Ragnarok Labyrinth NFT, has achieved over 1 million pre-registrations in Southeast Asia within just 22 days. The game, launching on April 13, 2022, incorporates a play-to-earn (P2E) system and is based on the popular The Labyrinth of Ragnarok. Players can pre-install the game on Google Play and will have access on the Apple App Store starting April 11, 2022. To celebrate the milestone, GRAVITY is offering rewards, including ONBUFF points and in-game currency, to incentivize further pre-registrations.
Gravity Co., Ltd. (NASDAQ: GRVY) will commence the second Closed Beta Test (CBT) for its new MMORPG, Ragnarok V: Returns, in Oceania starting April 6 and ending April 12. The CBT will be available on both mobile and PC platforms, marking the last testing phase before the game's official launch. Updates based on feedback from the first CBT have been implemented. Additionally, users can participate in promotional events during this period.
Gravity Co. is set to open pre-registration for its multi-platform MMORPG, Ragnarok V: Returns, starting March 16 in the Oceanian region. This follow-up to Ragnarok: Valkyrie Uprising, which attracted over five million players, promises a unique gameplay experience with special quests and aesthetic appeal. Pre-registration can be completed via the dedicated page or on the Google Play Store and Apple App Store. Milestone rewards will be based on the number of pre-registrations, including various in-game items.
GRAVITY Co., Ltd. (NasdaqGM: GRVY) has launched its flagship game, Ragnarok Online, in the Philippines, Singapore, and Malaysia on February 23, 2022. Celebrating its 20th anniversary, the game is now available in 91 markets. The company’s subsidiary, Gravity Game Hub PTE., Ltd., is managing the direct publishing, featuring events such as pre-registration bonuses. The launch aims to enhance the game's reach in Southeast Asia, reinforcing Gravity's role in the online gaming industry.
Gravity Co., Ltd. (NASDAQ: GRVY) will launch its first Closed Beta Test (CBT) for the new 3D MMORPG Ragnarok V: Returns on February 16, running until February 23, targeting users in location value="LR/oc"Oceania. This game is a sequel to the popular 'Ragnarok: Valkyrie Uprising', which attracted over 5 million players worldwide since May 2012. To encourage participation, various events will be held during the CBT. Following this, pre-registrations and a second CBT are planned for March and April, respectively.
GRAVITY Co., Ltd. (NasdaqGM: GRVY) announced its preliminary unaudited financial results for Q4 2021, reporting a revenue of KRW 97 billion and an operating profit of KRW 10 billion. This represents a 24.6% quarter-over-quarter decline due to decreased revenues from key titles like Ragnarok X: Next Generation and Ragnarok Online. For the full year, revenue totaled KRW 414 billion. The company maintains a cash and short-term financial balance of KRW 247 billion. Upcoming game launches include Ragnarok Online in multiple Southeast Asian countries and the integration of blockchain elements in new titles.
Bella Poarch, renowned music star and social media influencer, has been appointed as the ambassador for Gravity's new mobile game, Ragnarok Origin. In her latest interview, she shares her childhood fondness for the game and highlights features like character customization and selfie mode as her favorites. Poarch emphasizes how games have been a source of comfort in her life, aiding her in managing anxiety. Since November, she has actively engaged her followers with Ragnarok Origin content on social media, helping to boost visibility for the game.